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Evergrande back on the Rise? Posts 43% Profit Hike

In a positive turn of events, China’s Evergrande Group’s property management services unit has reported a significant 43% surge in profits during the first half of the year. Marking a crucial milestone as the real estate giant approaches one of the nation’s largest restructurings, Evergrande Property Services revealed a net income of 781 million yuan ($107 million) in the first half.

China Evergrande’s Tower: Amidst Restructuring Turmoil, Profits Surge for Property Services Unit. Photo: Ben Francis/Media

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